Apuglian
Retreat
#2021176
Opportunity Number
The Area
Home to some of Italy’s loveliest beaches and most dramatic rocky coastline, the Salento is a haven for sea lovers. From the southernmost tip near Leuca, running up the west coast to Gallipoli and beyond, is a vast almost non-stop strip of paradisiacal golden sand and transparent azure waters. To the east, the Adriatic coastline is more varied, offering sandy beaches, Karstic grottoes, chalk cliffs and salt-water lagoons.
So, if you’re looking for a holiday destination with a great climate, dreamy beaches, beautiful historic towns, delicious food and wine and fun for all the family salento is the answer.
Opportunity Distinguishing Features
- Both Adriatic and Mediterranean (Ionic) seas within 25-30min by car. You can reach two seas with a short drive.
- Beautiful coastline and beaches nearby
- A great number of Masserias nearby. Masserias are historic farms that have been converted into gastronomic complexes. Cutrofiano is home to several of them.
- Large plot for subsequent gardening, wine/olive culture or other.
- Two international airports nearby
- Accessible cost of living
- Great ROI and Payback numbers
The Location
Cutrofiano (LE) is located in the heart of Salento, only 50min away from Brindisi International Airport, being easily reachable by car or airplane.
A small city center is surrounded by paved local roads. The property is located at the southern portion of the area.
Facilities
- Brindisi Airport: 50min
- Bari Airport: 1h55min
- Brindisi Port: 55min
- Lecce: 33min
- Gallipoli: 24min
- Polignano a Mare: 1h35min
- Cutrofiano: 8min
Within 1h
Attractions within a short drive
The property
In the countryside of Cutrofiano, on the road to Collepasso between Villa Speziale and the Sangiorgio Resort, a country house is for sale on a plot of land of about 2,400 square meters.
The house consists of two rooms with pavilion vaults, a flat attic room and a small bathroom, for a total of about 60sqm. The building needs a structural intervention, but it is possible to increase the existing building area by 20% using the “Piano Casa”, a local program that facilitates such changes. A project for the recovery of the building has already been approved, which will be sold along with the property and contemplates the building of another room.
There is a connection to the electricity network and the existing tank can serve non-domestic water use.
On the agricultural land there are olive trees, fruit trees and a beautiful walnut tree, providing a pleasant shade in the summer months.
- Area: 60m²
- Potential Area: 72m²
- Plot: 2400m²
- ROI: 37% (yr)
- Payback: 2.67 yrs
- Price per m²: €498.34
- Expected earnings: €1105.00 net/mo.
€29.900.00
The price includes:
- Property purchase
- Legal taxes
- Registry due diligenge
- Project approval process
- Real estate fees
- Atria Fee
- Property renovation (under SB110%)
Note: Indexes and calculations may vary and will be confirmed before signature.
